CVS Layoffs – Political Policy AGAIN Comes Home to Roost in RI


[The Gaspee Business Network just issued the following statement/exhortation.]

We are incredibly sad to announce that amid the long standing depressed job market in Rhode Island as well as the worst business climate in the nation, hundreds of moms and dads, struggling young adults, and professionals were laid off today at the CVS corporate office in Woonsocket. The members of the GBN family wish to extend our deepest condolences to those who must now find some means of making ends meet right before the holidays amid one of the worst economies in the country.

The people to blame for these layoffs are the politicians that have run Rhode Island into the ground for decades.

Nothing will change until each and every career politician is removed from office on Smith Hill.

These government bureaucrats have made the cost to employ the hard working men and women in Rhode Island so expensive, companies have no choice but to outsource their labor to other countries. This is why these struggling moms and dads must face the holidays with extreme uncertainty as to how they will pay their bills, let alone provide a meaningful holiday for their children.

Whether it is excessive taxes, massive increases in health insurance costs through HealthSource RI/Obamacare, or the transfer of wealth from successful companies and taxpayers to the politicians’ cronies like 38 Studios and the special interests; the money must come from somewhere to pay these massive bills created by politicians. When it does, those businesses and people who wish to survive have NO CHOICE but to cut corners elsewhere in order to compensate for our politicians’ unquenchable desire for money and power over us and the entrepreneurs that create wealth and jobs.

Outsourcing is the ONLY answer to the policies of Nicholas Mattiello and his minions in the General Assembly.

This is why the layoffs at CVS happened today.

We are in the final stretch in this election. We urge all our supporters to view the informational direct mail pieces we have on our website, right click on them to download, and then share them with everyone on social media and email lists. Also, forward this email to everyone you know.

Finally, go to our voter “cheat sheet” to learn more about which politicians are responsible for this mess.

We must turn the tide in Rhode Island in days or we are stuck with more and more of the disastrous policies that destroyed so many families today.

  • Raymond Carter

    How many HUNDREDS of millions of dollars in corporate welfare has CVS been handed by the “party of da workin’ people” over the last 2 decades?
    I believe it is now near $20 million per annum?

    • Mike678


      • Raymond Carter

        Unfortunately we can’t post links here. Just google “cvs tax breaks rhode island”. Or tax incentives, incentives, etc.

      • Raymond Carter

        Here’s one from Nesi’s notes August 16, 2013:
        “CVC got $15.6 million in tax breaks from R.I.”
        Again links are not allowed to be posted here.

      • Raymond Carter

        Just read today’s projo and the Business page-C1 has an article on the CVS layoffs. In the seventh paragraph there is reference to the state “giving CVS annual tax breaks worth tens of millions of dollars”.
        Some eager media or think tank should give us a cumulative total of the amount of corporate welfare Democrats have given to CVS over the decades. My guess is that the “tens of millions” a year is up to about a billion dollars or close to it!
        Party of the poor indeed!
        Enjoy your car tolls.

        • Mike678

          Thanks. The business climate is so bad that CVS and others are in the drivers seat. You want us? You have to make sure we can make a profit because your taxes, regulatory and energy costs are a lot higher than neighboring states. Lay those tax breaks on us…and start screwing your middle class taxpayers and small businesses.

  • terry gorman

    I wonder how many H 1 B visa employees are being retained.

  • Joe Smith

    Justin – tangentially related.. How come nobody – the PROJO, Talk radio, etc. have ever challenged URI on their assertion behind Question 4 about “thousands of engineering grads with jobs in RI with 96% employed and making $63K”? URI doesn’t post the data behind those claims on its website.

    What they do post is only about 300 or so students get an Engineering UG degree..almost 50% it seems are out of state.

    There’s what, now, $150M more than likely given to URI with no discussion of what they have done with the first $125M (are the buildings on time, on budget, etc.) or any proof behind the assertions for the next $25M..